Leading Hospital Pharmacy Optimization

Read our blog to gain valuable knowledge and insights about the hospital pharmacy industry.

sterile compounding

Ensuring Patient Safety: The Critical Role of Sterile Compounding in Hospital Pharmacy

In 2012, a tragic outbreak of fungal meningitis linked to the New England Compounding Center (NECC) highlighted the devastating consequences of improper sterile compounding practices. Over 100 patients died, and hundreds more were injured due to contaminated steroid injections.  This incident underscores the importance of stringent adherence to sterile compounding protocols to ensure patient safety

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Nurse fills out medical document prior to administering medication

Mitigating the Rising Costs of Specialty Drug Therapies

According to the Department of Health and Human Services, 50% of total drug spending in 2021 was represented by specialty drugs. And in 2024, another report projects specialty drug costs to increase by nearly 15%. These staggering statistics underscore the significant financial burden imposed by specialty drugs on healthcare systems and patients alike. What Are

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Your Guide to Understanding the 340B Drug Pricing Program

Table of Contents How Does the 340B Program Work? Why is 340B Important? Who is Eligible? What Drugs Are Covered? Who Can Receive 340B Drugs? Why are Eligibility Qualifications so Important? 340B Program Requirements for Maintaining Compliance How is 340B Compliance Monitored? Optimizing Your Pharmacy for 340B How Will the 340B Program Likely Change in

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Current issues facing hospital pharmacies 1

Current Issues Facing Hospital Pharmacies in 2024

In the ever-evolving landscape of healthcare, hospital pharmacies are constantly having to evolve in order to face new challenges as well as manage the lingering impacts of COVID-19 on the industry. As a critical player in patient care, it can be tough to navigate the complex intersections where multiple factors demand immediate attention in the

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prevent medication errors

How to Prevent Medication Errors: 5 Tips for Hospital Pharmacies

Regular use of medication is widespread across the United States. According to a national survey, 81% of respondents had taken some form of medication the previous week, and 50% took at least one prescription medication.1 With such prevalent use, it’s easy to see how patients can get confused about what they’re taking, and overworked healthcare professionals

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Filling out a prescription for medication that is to be given by pharmacy

Optimizing the Hospital Pharmacy: How to Cut Costs and Grow Revenue

As health systems wrestle with the cost of healthcare, innovative hospital executives are taking a closer look at their pharmacies – historically considered a high-cost center. With a bit of creativity and some savvy choices, administrators are finding ways to reduce costs and grow pharmacy revenue. Cut Costs by Optimizing Your Pharmacy’s Business Operations Increasing

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